Lambda Chi Chapter Chi Eta Phi Sorority Inc

Analysis

Lambda Chi Chapter Chi Eta Phi Sorority Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Lambda Chi Chapter Chi Eta Phi Sorority Inc reported income of $131k and spending of $93k, leaving 29% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $74k to $131k (+79%), an average of +79% a year. The sharpest change came in the year to May 2024, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lambda Chi Chapter Chi Eta Phi Sorority Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include McIntyre House ($131k), The Capital City Circles Initiative ($132k) and Sakya Care Foundation ($131k).

At year end it held assets of $171k against liabilities of $0, net assets of $171k.